Glad you got in! Steemit is just reddit + coins on the outside. But it really is a much more ambitious project than that. Yea it’s a blogging contest, but already there’s a lending market @minnowbooster and it’s used for p2p payments #steemGigs.

It’s achieving bitcoin’s dream...

Also, btc is headed for a potentially catastrophic hard fork in a couple of weeks. I’ve sold all mine to be safe. (Whatever ‘safe’ means in crypto xD)